The MGA’s team of 30 will remain in their three existing offices and will continue to be led by Phil Baker, Beazley said in a release, who will report to Gerard Bloom, Beazley’s head of international financial lines.

Bloom said he was delighted to welcome the “highly regarded team” to Beazley, adding that the move would help build Beazley’s presence in Canada by “enhancing existing covers and providing deeper support to middle market and large risk accounts along with launching new products.”

“Canada has a developed insurance market well suited to the specialist liability products that we offer,” Adrian Cox, Beazley’s head of specialty lines, said.

“Last year we launched our market leading data breach product, Beazley Breach Response, in Canada, and we see significant growth opportunities across our product range,” he added.

Creechurch’s president, Phil Baker, said: “We have had a successful trading partnership with Beazley ever since we began in 1996. We are very familiar with Beazley’s people, products and culture - it’s a great fit.”

The Minister of Finance and the Attorney General of Ontario announced the Fair Auto Insurance Plan, which is aimed at providing structural reform of the auto insurance system across the province. IBAO strongly supports the majority of points highlighted in the government’s plan, but advises a well-considered implementation